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Posted on 1/3/13 at 10:04 am to Broke
quote:
You are going to owe tax on that money if you roll it into a roth. If you roll it into a traditional IRA you won't pay tax on it. It will be deferred.
And the only difference between the 2 is pre or post tax?
Also, I've read that I would need to make sure that the brokerage that is accepting the 401k carries the same investments, so they can just accept the "shares" that I own in my portfolio?
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